This is how Houze confirms that the mythical non-competition agreement between Colt and Winchester has indeed taken place. Shortly after the encounter, Colt stopped making his lever guns and Winchester never started building the revolver. It`s really a gentleman`s agreement to avoid. The nineteenth century was the era of Social Darwinism and two of the strongest survivors were Samuel Colt and Oliver Winchester. Indeed, when it came to who dominated the brutal jungle environment that characterized the business world at that time, Colt and Winchester were both tigers. If there had been a link between them, there would certainly be more wild competition than convergence. The brief production history of Colt Castle has given rise to much speculation about the cause of its downfall. According to legend, upon hearing about Colt`s entry into the lever rifle market, Winchester began developing a prototype revolver to compete with the Colts market. This was followed by a gentleman`s agreement between Colt and Winchester, with Colt agreeing to end production of the castle, and Winchester abandoning plans to develop a revolver. The truth of this story has never been fully verified, and the reason for the brief production history of the castle rifle is therefore unknown.    A gentlemen`s agreement alone was not a separating factor for these two giants of the American Industrial Revolution and their products.
When it came to business, neither Colt nor Winchester were a gentleman. Both were wild competitors, with survival and success at all costs as the main motivations. Like everything else, the design of the firearms they manufactured marked the direction and market of each company. Among the dozens of weapons manufacturers who invented and produced firearms with rear magazine cartridge during the shoot`em-up period of the last half of the nineteenth century, two names stand out from the others – Colt and Winchester. Colt of course produced legendary revolvers, while Winchester released legendary lever repellent rifles. But to this day, we can get a good argument as to whether it is the Colt revolver or the Winchester lever gun that really deserves the title of “The Gun That Won the West”. And you can argue more about the legend that, to avoid competition, the two companies entered into a gentlemen`s agreement, that Colt would keep the manufacture of revolvers and winchester to the manufacture of action lever guns. In 1884, four years after Winchester`s death, senior officials from the Winchester and Colt companies met to discuss their ongoing struggle for market share.
Long after the deaths of the two founders, an agreement was reached to tie Colt to the revolver and Winchester to rifles. For the most part, this agreement lasted the entire last century and continues to this day. Reports from 1873 to the present day have shown that a well-armed frontier worker had a Winchester on his shoulder and a colt on his hip. The Winchesters and a .44 caliber variant of the Peacemaker even shared the same ammunition. Winchester did not invoke being America`s leading rifle manufacturer, they also wanted to become their leading revolver manufacturer and created prototypes like the Wetmore-Wells exhibited at the Centennial Exposition in Philadelphia in 1876 and the work done by Hugo Borchardt for Winchester to create prototypes that same year. Meanwhile, Colt was planning an attack on the lucrative rifle market with the Colt Burgess lever rifle of 1883 and the Colt Lightning pumped-up rifle of 1884. The Wetmore Wells pistol is not expected to face the Single Colt Action Army of 1873, nor the Smith & Wesson No. .